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BMC's Lease Renewal Policy to exclude clubs, gymkhanas

A separate policy will be drafted for clubs and gymkhanas, it could charge them anywhere between 0.5 per cent and 1.5 per cent of the ready reckoner rate on the day of renewal; it will be based on state govt's scheme

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The BMC's Lease Renewal Policy excludes clubs like the RWITC for which the other policy will be formed. File pic

The BMC's Lease Renewal Policy excludes clubs like the RWITC for which the other policy will be formed. File pic

The Brihanmumbai Municipal Corporation (BMC) has decided to leave out clubs and gymkhanas from its Lease Renewal Policy (LRP) which it is drafting, and form another policy for them. This is also aimed at increasing the revenue of the BMC, as the new policy will charge clubs such as Wellington and RWITC anywhere between 0.5 per cent and 1.5per cent of the ready reckoner rate on the day of renewal, revealed sources. However, the policy will be drafted only after the state government comes out with its policy on clubs and gymkhanas for their lands given on lease.

The ruling coalition member, the Shiv Sena, has been reluctant in approving the LRP, as it could pave the way to renew the lease of the Royal Western India Turf Club (RWITC). The Shiv Sena wanted to convert the RWITC-run Mahalaxmi race course into an open space.

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